How to make advance payments to vendor in Navision using Prepayment function

In this video, I have explained the process of Prepayment invoice in Navision for vendors.
Prepayment invoice process is used to make an advance payment to vendor/customer against the orders/invoices.
In NAV we can make and post multiple advance payment or prepayment for single order also.

[@sowmyasridhar77]

Nice video Kapil!

[@nansinzaanna2492]

Thank you for the video. Very simple and easy to follow steps.

[@karanmehta7637]

Hello, I've recently started seeing the videos on pre-payment. I wanted to look for quick and fast video which will explain in 15-20 minutes rather than 1 or 2 hours video. I did the same steps mentioned here - Problem is the setups which is not shown such as - Gen Bus Posting groups requirements. Combination of Bus. Posting group and Prod. Posting group, etc. I suppose showing all the set-ups will help other people better. Still. This gave me a general idea. Thank you very much.

[@kumarkapil291]

It works with me Thanks

[@candysingham4814]

Thanks for the very informative video. Is there any mechanism to track/view the unadjusted advance at any given point of time till the entire PO is not exhausted?

[@GoDigit]

No

[@jcgoogle3249]

I understand that the prepaid amount is portionally apply to the purchase invoice. Is there a way to apply the prepaid amount to the full invoice until it is fully applied

[@vinothcalm]

As per your demo case when i post final invoice from PO, it is posting full PO amount 100 into Vendor ledger entry instead of 80. Is there any setup for this?

[@kumarkapil291]

Please check the following. 1. You posted the prepayment invoice. 2. U posted the payment entry by applying the invoice posted on step 1.

[@mohammedshameelv74]

I have one Invoice dated on 11/12/19 paid on 04/12/19. How can I book this in the system

[@kumarkapil291]

While creating payment use the posting date 04/12/19 and during "apply entry" button select the prepayment invoice which u posted earlier

[@lazyswing]

how to use prepayment but without vat?

[@GoDigit]

For this you have to consider the fields "prepayment vat %" and " prepayment vat calc type" on purchase/sales lines.